Bitcoin Cash (BCH) Trading Down 0.3% Over Last 7 Days

Bitcoin Cash (BCH) traded up 0.4% against the US dollar during the 24 hour period ending at 23:00 PM ET on November 1st. Bitcoin Cash has a total market cap of $6.96 billion and approximately $254.65 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last week, Bitcoin Cash has traded down 0.3% against the US dollar. One Bitcoin Cash coin can now be purchased for $351.78 or 0.00504320 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.8% higher against the dollar and now trades at $69,753.83 or 1.00000000 BTC.
• Bitcoin SV (BSV) traded 1.1% lower against the dollar and now trades at $49.98 or 0.00071650 BTC.
• Arweave (AR) traded down 2.1% against the dollar and now trades at $14.95 or 0.00021426 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.2% higher against the dollar and now trades at $0.10 or 0.00000145 BTC.

Bitcoin Cash Profile

Bitcoin Cash (BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,782,488 coins. Bitcoin Cash’s official message board is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official website for Bitcoin Cash is www.bitcoincash.org.

According to CryptoCompare, “Bitcoin Cash (BCH) is a decentralized cryptocurrency created in 2017 through a hard fork of the Bitcoin blockchain. It has a larger block size than Bitcoin, allowing for faster and cheaper transactions. Bitcoin Cash can be used as a means of exchange and store of value and is gaining acceptance among merchants and businesses worldwide. It was created by a group of developers and miners who believed that Bitcoin needed modifications to address scalability issues. The main developer team was initially called “Bitcoin ABC,” but development has since become more decentralized.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using U.S. dollars directly can do so using Coinbase, GDAX or Changelly.

BCH/USD price chart by TradingView